European Commission lowers Czech GDP growth outlook to 2.5 percent

07-11-2019

The European Commission on Thursday revised its outlook for Czech economic growth for this year. In the newly released macro-economic forecast it sees the country’s gross domestic product growth falling to 2.5 percent.

The report expects growth next year to reach 2.2 percent. Earlier this year it predicted a figure of 2.5 percent for 2020.